India’s exporters are riding a wave of optimism following the India-US framework agreement, as restored orders signal a new phase of growth. While growth flattened by December, Jain said, “enquiry flow has already started,” dismissing tariff re-imposition fears as an unpredictable variable. Leather goods exporters, who were offering 20-30 per cent discounts to retain American buyers, can now breathe easy, said Israr Ahmed, a Chennai-based leather goods exporter. The 18 per cent tariff allows for healthier pricing and restoration of margins. With the new 18 per cent rate, these exporters can finally restore profitability,” said Pankaj Chadha, Chairman, EEPC India.

Source: The Hindu February 10, 2026 00:26 UTC